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MIII ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIII ApS
MIII ApS (CVR number: 31946093) is a company from FREDERIKSHAVN. The company recorded a gross profit of 666.6 kDKK in 2025. The operating profit was -387 kDKK, while net earnings were -327.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -25.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIII ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 366.61 | 1 016.63 | 577.90 | 666.18 | 666.64 |
| EBIT | 71.78 | 45.40 | -1 071.63 | - 653.40 | - 387.05 |
| Net earnings | 40.38 | 56.09 | - 862.09 | - 548.65 | - 327.78 |
| Shareholders equity total | 2 786.12 | 2 842.20 | 1 980.12 | 1 431.47 | 1 103.69 |
| Balance sheet total (assets) | 5 830.76 | 4 503.34 | 2 581.03 | 2 807.59 | 1 686.16 |
| Net debt | -2 923.92 | 731.87 | - 185.61 | 894.91 | 86.46 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.2 % | 0.9 % | -30.3 % | -24.3 % | -17.2 % |
| ROE | 1.5 % | 2.0 % | -35.8 % | -32.2 % | -25.9 % |
| ROI | 2.6 % | 1.4 % | -38.6 % | -30.3 % | -21.6 % |
| Economic value added (EVA) | -77.36 | - 107.77 | -1 015.91 | - 615.86 | - 421.21 |
| Solvency | |||||
| Equity ratio | 47.8 % | 63.1 % | 76.7 % | 51.0 % | 65.5 % |
| Gearing | 25.9 % | 63.0 % | 13.7 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.9 | 2.7 | 1.2 | 1.4 |
| Current ratio | 1.9 | 2.4 | 3.5 | 1.7 | 2.2 |
| Cash and cash equivalents | 2 923.92 | 3.31 | 185.61 | 6.82 | 64.84 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | B | BB |
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